Skip to main content

About your Search

20130201
20130201
Search Results 0 to 3 of about 4 (some duplicates have been removed)
presidential primary came to new york, new york state, critical moment and jackson scored upset wins over dukakis and al gore sort of around the edges. koch linked up with gore because he did not like jesse jackson. he called new york city hymie town in 1984 and saying any jewish person is crazy to vote for jackson. jesse jackson won new york city. and it was indication of the problem that sort of the racial problem that sort of really flourished in the democratic party while koch was mayor and then a year and a half ago, david dinkens challenges ed koch and beats him in the primary and now the end of the political career. >> hawkins killed before the primary and put a spotlight on the racial insensitivity and the challenges of the city under koch. earlier -- last year, talked about the central park five movie and infamous moment saying obviously they're guilty and obviously they weren't. moving along from that. he was the embodiment of the city. brash, combative. so colorful and charismatic. won 21 races and lost 3. a congressman and then mayor for three terms. niktd has a great quote. a
times. he will join us with randy jackson -- next. >>> also, the report on jobs came out. ktvu's pam cook will tell us about the big impact with wall street this morning. ♪ we were skipping stones and letting go ♪ ♪ over the river and down the road ♪ [ female announcer ] at nature valley, we know nature comes together in amazing ways. that's why we bring together natural ingredients, like dark chocolate with toasted oats, or sweet golden honey. perfect combinations of nature's delicious ingredients, from nature valley. ♪ ♪ i was thinking that i hope this never ends ♪ [ female announcer ] nature valley granola bars, nature at its most delicious. >>> well, the dow crossed over the 14,000 mark this morning for the first time since october 2007. taking a live look at the big board right now, it's still really close, up 135 to 13,996. it's been fluctuating back and forth. should mention the nasdaq is up 31 and the s&p is up 13. now why are stocks doing so well? there was some good economic news out this morning. ktvu's pam cook is in our newsroom with the jobs report and als
argued about it. there was a second bank of the united states that was created. andrew jackson basically ended its charter. there's a long history of mistrust in parts of the united states about the central bank and what it does. back in the jefferson and hamilton days, a lot of the farm state bankers did not trust the first bank of the united states. there is a federal reserve board in washington made up of seven governors and chairman who is ben bernanke. then there are 12 regional fed banks. they're all part of this federal reserve system. the regional fed bank, every chartered bank of the united states has to pay in capital to the federal reserve banks and in return they get a dividend. but these are not banks the way we think of commercial banks. the federal reserve bank of new york is not like citigroup out there trying to earn big profits to return to shareholders. their job is to manage the money supply. it is also to be a lender of last resort in a crisis, which is what the federal reserve did in 2007. when there is a run on a bank, when depositors flee the banking system becaus
Search Results 0 to 3 of about 4 (some duplicates have been removed)